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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Swedish Krona/Canadian Dollar (FOREX:SEKCAD)

Crossroads (-60) - SEKCAD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid ?

MarketClub looks at technical strength and momentum to determine if the timing is right for SEKCAD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SEKCAD
Open High Low SEKCAD Price Change
0.13628100 0.13666085 0.13594727 0.13656927 +0.00028800
Entry Signal

MarketClub’s Trade Triangles for SEKCAD

long term up The long-term trend has been UP since Nov 29th, 2019 at 0.13933000

intermediate term down The intermediate-term trend has been DOWN since Feb 14th, 2020 at 0.13666435

short term down The short-term trend has been DOWN since Feb 11th, 2020 at 0.13748961

Smart Scan Analysis for SEKCAD

Based on our trend formula, SEKCAD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SEKCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.13628100 0.13666085 0.13594727 0.13656927 +0.00028800
Prev. Close Volume Bid Ask Time
0.13628100 0.13650425 0.13663430 2020-02-17 17:23:50
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